MakerDAO integrating Ethereum Layer 2 StarkNet next week - BitcoinEthereumNews.com
Ethereumमेकरडीएओ अगले सप्ताह एथेरियम लेयर 2 स्टार्कनेट को एकीकृत करेगा04 / 21 / 2022बिटकॉइन एथेरियम समाचार MakerDAO, one of the oldest and largest DeFi protocols and the creator of the DAI stablecoin, is set to integrate the Ethereum Layer 2 network StarkNet on April 28 as part of its multichain strategy. Deploying MakerDAO on StarkNet will allow users to mint and trade DAI faster and at a cheaper cost. “Its going to be about 10x improvement in cost compared to Ethereum,” Louis Baudoin, facilitator for the StarkNet core unit at MakerDAO, told The Block. As for speed, it currently it takes 1-2 minutes to process transactions on StarkNet, Baudoin said, but the goal is to reduce this to a few seconds within the next year. Ethereum transactions can take up to 5 minutes to process, depending on the gas fees paid and the networks congestion. StarkNet, developed by StarkWare, uses ZK-rollups — a Layer 2 technology that bundles Ethereum transactions off the main chain — to support a larger number of transactions at a lower cost. अपना क्रिप्टो दैनिक संक्षिप्त प्राप्त करेंn दैनिक वितरित, सीधे आपके इनबॉक्स में। MakerDAOs StarkNet integration is an expansion of its multichain roadmap. The Ethereum-based protocol has previously integrated Arbitrum and Optimism,